Securities Arbitration Lawyers Blog

At the end of March 2020, Allianz Global Investors (Allianz) liquidated two investment vehicles—Structured Alpha 1000 and 1000 Plus—following substantial losses to the funds, resulting in clients losing millions of dollars. According to news reports, other related Allianz Funds, including Structured Alpha 250, 350, and 500, also suffered heavy losses.…

A class action lawsuit has been filed to recover damages for investors in YayYo (YAYO) stock regarding alleged violations of federal securities laws. If you have losses traceable to the YayYo (YAYO) initial public offering (IPO), contact Silver Law Group for a confidential no-cost consultation at (800) 975-4345 or by…

The Securities and Exchange Commission (SEC) has charged former Morgan Stanley broker Michael Barry Carter with fraud for stealing from his customers, including an elderly client. The complaint filed by the SEC alleges that Carter, a currently-barred broker who was last registered with Morgan Stanley in their McLean, Virginia office,…

Scott Silver, managing partner of Silver Law Group, has sent letters to Florida’s U.S. Senators, Marco Rubio and Rick Scott, expressing support for, and asking the senators to support, the Edith Shorougian Senior Victims Of Fraud Compensation Act of 2020 (Edith’s Bill). Edith’s Bill would provide a recovery pool for…

Silver Law Group continues to investigate Dean Vagnozzi, Par Funding, A Better Financial Plan, and others on behalf of investors in what the Securities and Exchange Commission (SEC) says was a $500 million “web of unregistered, fraudulent securities offerings.” Around 1,200 investors were solicited through advertisements and free dinner seminars…

Did you invest in the YieldStreet? Silver Law Group, a nationally-recognized class action and investment fraud law firm, is investigating claims on behalf of YieldStreet investors after an oil and gas deal and five marine loan investments that have not returned principal or paid interest by YieldStreet’s due dates. YieldStreet…

Silver Law Group represents an investor in potential claims against David Coggins and his Miami-based hedge fund Coral Gables Capital, LP, which Coggins manages through his company Coral Gables Asset Management, LLC. Over the past several years, Coggins has solicited investors for his purported hedge fund. Silver Law Group’s client…

In light of recent investigations and enforcement actions focused on misconduct that targets and victimizes teachers and other public sector employees, the Securities and Exchange Commission (“SEC”) has increased its efforts on protecting these individuals. As part of those efforts, the SEC published an Investor Bulletin titled “Tips for Teachers:…

James McKinney is a barred broker who was last registered with Cetera Advisors in Tulsa, Oklahoma. McKinney’s record shows that in 2019 he was barred from associating with a FINRA member firm after he failed to comply with FINRA requests for information. Customer disputes on McKinney’s record allege misrepresentation, breach…

James Kennedy is a barred broker who last worked for Woodbury Financial Services, Inc. in Madison, Mississippi. Woodbury permitted Kennedy to resign for allegedly engaging in unapproved outside business activity with clients. He was barred by FINRA for failing to fully cooperate with their investigation. Before working at Woodbury Financial…